Insider Buying: D Jonathan Merriman Buys 3,600 Shares of Merriman Holdings Stock (MERR)
Merriman Holdings (NASDAQ:MERR) CEO D Jonathan Merriman purchased 3,600 shares of Merriman Holdings stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was purchased at an average cost of $3.80 per share, with a total value of $13,680.00. Following the completion of the acquisition, the chief executive officer now directly owns 622,826 shares in the company, valued at approximately $2,366,739. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Merriman Holdings (NASDAQ:MERR) opened at 4.00 on Thursday. Merriman Holdings has a 52 week low of $1.50 and a 52 week high of $5.40. The stock has a 50-day moving average of $3.71 and a 200-day moving average of $3.68. The company’s market cap is $18.0 million.
Merriman Holdings, Inc is a financial services holding company. The Company primarily provides investment banking, sales and trading execution services, and capital markets advisory services through its primary operating subsidiary, Merriman Capital, Inc (NASDAQ:MERR).
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